đ MITO Bouncing Back! $MITO Finds Strength After Sharp Drop
$MITO is showing signs of recovery today, trading at $0.1249, up +11.74% in the last 24h. The token touched an intraday high of $0.1470 and a low of $0.1116, reflecting strong volatility and wide trading ranges.
đ„ Why the Move?
Volume Boost: Over 91M $MITO traded with $11.8M in USDT turnover â liquidity is flowing in after recent weakness.
DeFi Gainer: Highlighted in the âGainerâ section, drawing fresh attention.
Rebound Momentum: After bottoming near $0.1195, buyers stepped back in to push higher, attempting a trend reversal.
đ Key Levels
Support: $0.1200 â $0.1210 (recent rebound base)
Resistance: $0.1295 â $0.1470 (local highs & intraday peak)
đ Trend Check
Short-term trend is neutral-to-bullish: price is rebounding, but the earlier rejection at $0.1470 shows sellers are active. Sustained momentum is needed to confirm a true bullish reversal.
đĄ Trade Idea
If MITO holds above $0.1200 support, expect a retest of $0.1295 first, with potential breakout towards $0.1400+.
If MITO breaks below $0.1200, bearish momentum may return, opening downside risk back to $0.1150â$0.1115.
đŻ Possible Trade
â Buy trade is possible above $0.1200 with upside target $0.1295â$0.1400.
â ïž Sell trade only valid if $0.1295â$0.1470 resistance rejects hard again with high volume.
đ For now: Buy trade is favored as long as defends the $0.1200 support base.